DOI: 10.4324/9781003349860-5
4 Language’s future-oriented framing
and the financing of new ventures
4.1 Linguistic features and venture capital investments
In Chapter 3, we highlighted the importance of language features in shaping
individual behaviours (Chen, 2013). In this section, we empirically explore
whether language features are associated with country-level investing in early-
stage companies via venture capitalists (VCs).
Securing capital is among the most relevant success factors for entrepreneurs
(Starr & MacMillan, 1990; Florin et al., 2003). New ventures usually suer
from scarcity of funds, and commitment of resources is a crucial step in the
entrepreneurial process (Gans & Stern, 2003; Shane, 2008).
Venture capitalists are profe ...